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Almost two years after a controversial bid by the country's politicians to auction off part of the Amazon Rainforest to Chinese oil drilling companies, the it seems like the deal is finally about to get finalized, according to The Business Insider.
If the deal does go through, China would be free to exploit about 3 million of the country's 8.1 million hectares of pure, untouched Amazonian rainforest. The region has remained pristine despite the advent of industrialization, until now.
Areas of the Amazon are widely believed to carry vast deposits of oil, one of the global ... Read More
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